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Agri & processed food exports grow over 11% to $17.77 bn

INDIA'S EXPORTS OF agricultural and processed food products rose by more than 11% year-on-year to $17.77 billion during April-December of the current financial year, after the government removed most of the restrictions on rice shipments.

In farewell speech, Biden warns against growing oligarchy in US

Presidents who did not recontest IN JULY 2024, Joe Biden announced that he would not be seeking a second term. However, he is not the only incumbent president who decided not to run for a second term.

BofA profit jumps on trading boost

BANK OF AMERICA'S profit beat expectations on Thursday as its traders benefited from a flurry of activity in the fourth quarter while the lender predicted it would earn more interest income in 2025.

Adani Group Stocks Rally as Hindenburg Shuts Shop

ADANI GROUP STOCKS rallied on Thursday after Hindenburg Research, which made international waves with campaigns targeting billionaire Gautam Adani that wiped billions from the market value of his group companies, founder Nate Anderson announced its shutdown.

Hindenburg Downs Shutters

Founded in 2017, Hindenburg Research, which said it specialises in forensic financial research, had made a series of allegations of stock manipulation and accounting frauds against Adani Group, just days ahead of a $2.5-billion share offering by Adani Enterprises.

Reliance Retail profit surges 10% in Q3 on festive rush

● Gross revenue tops ₹90K cr; FMCG biz touches ₹8K cr in 1st nine months of FY25

Axis Bank's net profit rises 4% to ₹6,304 crore

AXIS BANK ON Thursday reported a smaller-than-expected rise in its quarterly profit as the loan growth slowed and it set aside more funds against potential bad loans.

MTech enrolment drops to lowest in 7 years

THERE'S A DECLINING interest in India's MTech courses.

Spirits makers eye India as next big market

Diageo and Pernod Ricard, two of the world's biggest spirits companies, sell more than 123 mn cases of spirits in India annually

FM & Singapore prez discuss ties

Finance Minister Nirmala Sitharaman called on visiting Singapore President Tharman Shanmugaratnam on Thursday and discussed the countries' comprehensive strategic partnership.

Infosys adds 5,591 staff in Q3, to hire over 20,000 in FY26

BENGALURU-BASED INFOSYS added 5,591 to its headcount in the quarter ended December, taking the total headcount to 3,23,379.

Over 80% firms seek wider PM internship scheme coverage

Empowering The Youth

Next fundraise may trim govt holding to below 75%: BOM MD

BANK OF MAHARASHTRA (BOM) on Thursday said the next round of capital raise is expected to bring down the government holding in the lender to below 75%.

8th Pay Commission to be formed, 11.5 mn to benefit

PRIME MINISTER NARENDRA Modi on Thursday approved the setting up of the 8th Pay Commission to recommend the norms for pay and pension increments for 10 years beginning January 2026 for central government employees and pensioners, in a move that would cheer up over 11.5 million people.

iPhone Market Share in India Touches 10%

• Apple breaks into India's top five smartphone brands

The power of nowcasting

KNOWING THE PRESENT MATTERS TO INVESTORS AND POLICYMAKERS, DIGITAL EXHAUST MAKES IT POSSIBLE

Tata Sons listing hangs in balance

Tata Sons also submitted an application for surrendering its certificate of registration as a core investment company.

Ficci lowers FY25 growth forecast to 6.4%

INDUSTRY BODY FICCI on Thursday lowered India's growth projection for the current financial year to 6.4% from 7% estimated earlier.

EVs to take centre stage at auto expo

THE SECOND EDITION of the Bharat Mobility Global Expo 2025 is set to kick off on Friday, with a primary focus on electric vehicles (EVs) as the future of sustainable mobility.

Gadkari says fault in road laying should attract jail term

UNION ROAD TRANSPORT and highways minister Nitin Gadkari on Thursday said faulty road construction should be made a non-bailable offence, and road contractors and engineers should be held responsible for accidents and imprisoned.

Amazon to acquire BNPL startup Axio

E-COMMERCE GIANT AMAZON is set to acquire Indian startup Axio, an online lending platform offering point-of-sale financing.

A first: ISRO docks 2 satellites in space

BECOMES 4TH NATION TO ACHIEVE THE FEAT

Govt looking at impact of US curbs on AI chip export

The Government is evaluating the impact of the US proposal to cap exports of AI chips worldwide on India's plan to drive the adoption of artificial intelligence locally, a senior official said on Thursday.

RIL profit up 7.4% on retail, telecom boost

RELIANCE INDUSTRIES (RIL) ON Thursday beat estimates on all fronts in its earnings for the October-December quarter.

Maruti Suzuki set to enter EV era with eVitara launch

• India to become EV export hub for Suzuki, says Toshihiro

RBI Receives Bids Worth ₹30,760 Cr in VRR Auction

● Primary dealers emerged as main participants

Morgan Stanley profit more than doubles

MORGAN STANLEY'S PROFIT more than doubled in the fourth quarter, fuelled by a wave of deal-making and stock sales that drove its revenue to a full-year record.

Both apps of ShareChat to turn profitable by Apr: CBO

ShareChat expects its apps, ShareChat and Moj, to turn profitable by April, company's chief business officer Gaurav Jain said.

Nate Anderson: The self-proclaimed messiah

The decision to disband now is curious. Anderson's reply, \"There is not one specific thing — no particular threat, no health issue, and no big personal issue.\"

4 in 5 professionals looking for a new job in 2025: Study

OVER FOUR IN five (82%) professionals in India are gearing up for a job hunt this year, even as more than half (55%) report that finding a job became tougher in 2024, according to LinkedIn.